Tag Archives: Chapter 11 bankruptcy

Energy Company AES Is Filing For Bankruptcy

The severely in debt electric power producing company, AES Eastern Energy LP announced it was filing for bankruptcy under Chapter 11 and planning to sell two coal fired power plants that reside in upstate New York. The company is based … Continue reading

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The MF Global Bankruptcy Filing Is Now Affecting Customers

When MF Global entered into bankruptcy filing on October 31, 2011, customers were wondering how the bankruptcy would affect them personally. Now, a week after the bankruptcy filing people are finding out what the damages will be to them. According … Continue reading

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Dippin’ Dots To File For Bankruptcy

Dippin’ Dots Inc., has filed for Chapter 11 bankruptcy protection this week in U.S. Bankruptcy Court in Paducah, KY near the company’s headquarters. Dippin’ Dots owes about $11.1 million to Regions Bank and has been fighting off foreclosure efforts from … Continue reading

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MF Global Holdings Filing For Bankruptcy

MF Global, the holding company for the broker- dealer that is run by ex-Goldman Sachs, co-chairman John Corzine is filing for bankruptcy in an attempt to restructure after making failed investments on European sovereign debt. MF Global Inc., the broker-dealer … Continue reading

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Lehman Brothers Ready To Exit Bankruptcy

The Chapter 11 bankruptcy of Lehman Brothers might be over soon. Lehman Brothers proposed a reorganization plan that has the support of creditors who hold more than $160 billion in claims. According to a recent bankruptcy court filing, the company … Continue reading

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NewPage Announced They Were Filing Bankruptcy

On Wednesday, September 7, the NewPage Corporation came to the conclusion that filing bankruptcy was their only solution for financial difficulties due to a sharp decline in the magazine industry. Other factors that attributed to the bankruptcy filing were the … Continue reading

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